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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: Robert O who wrote (2563)8/8/2013 6:49:24 PM
From: The Ox  Read Replies (2) of 8251
 
I still think that FIO is a "buyout" story for down the road.... At the same time, the 24% drop in one day is alarming, to say the least! Still attractive to the right company but the ultimate price is dropping too (IMO).

Let's see if this starts to creep higher over time. They might need to beat an earnings report in the future before it gets noticed again by the street.

Take a look at a one year OCZ chart. I wouldn't be that surprised to see FIO show similar action...drift lower at first, rise then retrace the drop before slowly creeping higher.

If you were short FIO before this fall, I doubt you would have bailed out today and taken profits...more likely wait to see if there's more down first!!
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